Tuesday, January 26, 2016

More Flip Dreams on Fifth

643 & 645 Fifth Avenue got their marching orders last year, and with rodent bait notices now on the buildings, it looks like they'll be gone pronto. The properties were acquired in '14 by 5th Ave Condos LLC for $4,250,000 & are now being marketed for $7,000,000.

The property consists of two adjacent lots currently occupied by mixed-use buildings. It has a proposed plan for mixed-use development that contains 8 parking spaces on site, ground floor retail, and 13 residential units. This property is located one block away from the Prospect Avenue [R] train station. Steps away from Prospect Park and Greenwood Cemetery Park.
The property is three blocks from the Prospect Av [R] train station and within walking distance of Prospect Park and the [F,G] trains.
Plans were filed for the seven-story building yesterday. The owner is RR Woods Holdings 24 LLC, with Ofer Prager listed as the managing member. The architect on record is Robert Bianchini. of Arc Architecture + Design Studio. Here's a rendering.